I think it is mainly a lack of investor confidence in the production performance of the company. That lack of confidence from potential buyers also means shorters have a tendency to amplify the down moves.
Today's move wasn't in isolation though with quite a few of the other resources stocks (and some goldies) beaten up
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Last
$1.67 |
Change
0.053(3.25%) |
Mkt cap ! $1.254B |
Open | High | Low | Value | Volume |
$1.64 | $1.68 | $1.64 | $3.140M | 1.894M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 15000 | $1.67 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.67 | 95709 | 34 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
32 | 64105 | 1.665 |
16 | 96625 | 1.660 |
20 | 112133 | 1.655 |
18 | 123826 | 1.650 |
9 | 324297 | 1.645 |
Price($) | Vol. | No. |
---|---|---|
1.670 | 73589 | 16 |
1.675 | 151581 | 24 |
1.680 | 165198 | 19 |
1.685 | 187338 | 16 |
1.690 | 58383 | 9 |
Last trade - 11.51am 20/08/2024 (20 minute delay) ? |
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RRL (ASX) Chart |